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After feverish week, global investors lick wounds; brace for more chaos

Business Standard LogoBusiness Standard2 mo ago

After feverish week, global investors lick wounds; brace for more chaos - Business Standard

Quick Summary:

The fallout from the hectic week exacerbated trends for stocks and bonds that have been in place all year, pushing down prices for both asset classes.

Kotok said he is positioned conservatively with high cash levels."I'd like to see enough of a selloff to make entry attractive in the U.S.stockmarket," Kotok said.

The Dow Jones Industrial Average nearly joined the S&P 500 and Nasdaq in a bear market while bonds tumbled to their lowest level in years as investors recalibrated their portfolios to a world of persistent inflation and rising interest rates.


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Article Details

Author / Journalist: Reuters

Category: EconomyFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-25 @ 13:13:00 (2 months ago)

News Timezone: GMT +5:00

Ranking: #314 (out of 1668 stories this day)

News Source URL: business-standard.com

Language: English

Article Length: 870 words

Reading Time: 5 minutes read

Sentences: 26 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 525173

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About Business Standard

Business Standard Logo

Main Topics: EconomyFinance

Official Website: business-standard.com

Update Frequency: 150 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 1 weeks ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

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The story "After feverish week, global investors lick wounds; brace for more chaos" was covered 2 months ago by Business Standard, a news publisher based in India.

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It's most recent story was published 1 weeks ago.

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